1-bed · 956 sqftDAMAC Royale (Damac Towers) by Paramount Tower D, Business Bay · 29th floor · completed 2018

2902, DAMAC Royale (Damac Towers) by Paramount Tower D

Sold prices and rental history: sold twice, last in January 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 2 October 2026
Last soldAED 925K28 January 2021
Current rentAED 88K /yr2 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, DAMAC Royale (Damac Towers) by Paramount Tower D

What is 2902 worth today?

Last sold for AED 925,000 in 2021

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2 Oct 2026RentedNew contract
AED 88,000/yr12 months · AED 92 per sqft
20 Jul 2025RentedNew contract
AED 92,000/yr12 months · AED 96 per sqft
20 Jul 2025RentedNew contract
AED 92,000/yr12 months · AED 96 per sqft
4 Oct 2023RentedNew contract
AED 115,000/yr12 months · AED 120 per sqft
29 Sep 2022RentedNew contract
AED 90,000/yr12 months · AED 94 per sqft
13 Sep 2021RentedNew contract
AED 66,150/yr12 months · AED 69 per sqft
28 Jan 2021SoldReady
AED 925,000AED 967 per sqft
13 Sep 2020RentedNew contract
AED 63,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 2 October 2026.

Key facts

Type
1-bed apartment
Size
956 sqft
Floor
29th of 69
Parking
P4-148
Developer
DAMAC
Completed
2018
Service charge
AED 27,300 /yr
Last sold
AED 925K · January 2021

About 2902, DAMAC Royale (Damac Towers) by Paramount Tower D

2902 is a one-bedroom apartment of 956 sqft on the 29th floor of DAMAC Royale (Damac Towers) by Paramount Tower D, a 69-storey tower in Business Bay completed in 2018 by DAMAC. It last sold on 28 January 2021 for AED 925,000, or AED 967 per sqft, in line with the AED 967 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 2 October 2026, is AED 88,000 a year: a gross yield of 9.5% on the 2021 price, before the service charge of about AED 27,300 a year.

Sales and rents for 2902 over time

Sales
Unit 2902, each saleTypical one-bed in DAMAC Royale (Damac Towers) by Paramount Tower D
1M2M2013201720212025Typical sale price by year: 2013 AED 2,068,408; 2014 AED 2,298,050; 2015 AED 2,321,800; 2016 AED 2,112,950; 2017 AED 1,946,000; 2018 AED 2,013,000; 2019 AED 2,109,000; 2020 AED 988,000; 2021 AED 1,242,857; 2022 AED 1,438,685; 2023 AED 1,355,000; 2024 AED 1,451,374; 2025 AED 1,450,000; 2026 AED 1,300,000Sold by developer, April 2013: AED 2,068,815 (AED 2,164 per sqft)Sold, January 2021: AED 925,000 (AED 967 per sqft)

2902 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2902, each contractTypical one-bed in DAMAC Royale (Damac Towers) by Paramount Tower D
75K100K201920222025Typical rent by year: 2019 AED 72,000; 2020 AED 65,000; 2021 AED 70,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 109,412; 2025 AED 110,000; 2026 AED 90,000New contract, July 2019: AED 75,000 a yearNew contract, September 2020: AED 63,000 a yearNew contract, September 2021: AED 66,150 a yearNew contract, September 2022: AED 90,000 a yearNew contract, October 2023: AED 115,000 a yearNew contract, July 2025: AED 92,000 a yearNew contract, July 2025: AED 92,000 a yearNew contract, October 2026: AED 88,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in DAMAC Royale (Damac Towers) by Paramount Tower D, and where 2902 sits

All 199 1-beds →

2902 last sold in January 2021 at AED 967 per sqft, in line with what one-beds in DAMAC Royale (Damac Towers) by Paramount Tower D were fetching at the time (AED 967). Over the last 12 months one-beds sold for AED 1,188,674 to 2,009,000, around AED 1,388 per sqft, and rent for AED 75,000 to 190,000 a year. 2902's AED 88,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,878,720
23 Oct 20261,188,674
22 Oct 20261,360,000
9 Oct 20261,225,000
24 1-bed sales in the last 12 months

DAMAC Royale (Damac Towers) by Paramount Tower D

Building

399 apartments, 1-bed to 3-bed over 69 floors in Business Bay, completed in 2018 by DAMAC. 43 sold in the last 12 months.

Typical price per sqft
AED 1,331 Down 7.1%
Typical sale
AED 1.53M
Typical rent
AED 120K /yr
Typical yield
7.2%
DAMAC Royale (Damac Towers) by Paramount Tower D, Business Bay: prices, sales and rents →
Value
29012-bedAED 3.07M · Apr 2013
29031-bedAED 900K · Dec 2021
29041-bedAED 1.99M · May 2013
29053-bedAED 3.79M · May 2013
29061-bedAED 2.37M · Apr 2013
29072-bedAED 3.31M · May 2013

2902, DAMAC Royale (Damac Towers) by Paramount Tower D in numbers

  • Sold twice: first on 16 April 2013 for AED 2,068,815, last on 28 January 2021 for AED 925,000 (AED 967 per sqft).
  • Rented since July 2019 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 63,000 in 2020 and recovered to AED 88,000 by October 2026.
  • At AED 88,000 a year the gross yield on the 2021 price is 9.5%, before a service charge of about AED 27,300 a year (AED 28.56 per sqft).
  • One-beds in DAMAC Royale (Damac Towers) by Paramount Tower D sold for AED 1,188,674–2,009,000 in the 12 months to November 2026; the building's median across all types is AED 1,331 per sqft.

Source: Dubai Land Department. Updated 2 October 2026.

Questions about 2902, DAMAC Royale (Damac Towers) by Paramount Tower D

What did unit 2902 last sell for?

AED 925,000 on 28 January 2021: AED 967 per sqft for 956 sqft. The unit has 2 registered sales; the first was AED 2,068,815 in April 2013.

What is the rent for unit 2902?

AED 88,000 a year on the contract signed on 2 October 2026. The previous contract, from July 2025, was AED 92,000; the unit has been rented since July 2019.

How big is unit 2902?

956 sqft (88.8 sqm): a one-bedroom apartment on the 29th floor of a 69-storey tower completed in 2018.

What is unit 2902 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in DAMAC Royale (Damac Towers) by Paramount Tower D sold for AED 1,188,674 to 2,009,000 in the last 12 months, around AED 1,388 per sqft.

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Mortgage on 2902, DAMAC Royale (Damac Towers) by Paramount Tower D

Starts from the last sale price (AED 925K, 28 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →